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Commerce Blog

Insights and Trends to Empower Your Digital Commerce Strategy

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November 6, 2020
Visa’s plans to acquire financial technology startup Plaid Inc. were thwarted yesterday when the US Justice Department filed an antitrust lawsuit. The DOJ contends that Plaid, that powers Paypal’s Venmo and other payment apps, competes with Visa, and that the $5.3 billion acquisition would create a monopoly in online debit leading to higher prices and discouraging industry innovation. CardLinx Insight:...
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